Etrion Completes Sale of 60 MW Mie Solar Power Project Updated On Mon, Oct 26th, 2020 by Saurenergy Etrion Corporation has completed the sale of its investment interest in the Mie 60 MW solar project and received approximately USD 32.2 million. Etrion Corporation, an independent solar power producer has announced that it has completed the sale of its investment interest in the Mie 60 MW solar project and received JPY 3.4 billion (approximately […] Read more
NIPSCO Announces New Indiana-Based Solar Projects To Power 270,000 Homes By 2023 Updated On Fri, Oct 23rd, 2020 by Saurenergy Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that it will bring an additional 900 megawatts (MW) to Indiana with the Dunns Bridge I, Dunns Bridge II and Cavalry Solar Energy Centers as part of the company’s long-term generation strategy. NIPSCO has finalized three build transfer agreements […] Read more
Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW Updated On Wed, Oct 21st, 2020 by Saurenergy The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […] Read more
Scatec Solar acquires SN Power, building a global leader in RE Updated On Mon, Oct 19th, 2020 by Saurenergy Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […] Read more
Metropolitan to Optimize Solar Energy With Battery Storage Systems Updated On Mon, Oct 19th, 2020 by Saurenergy The Metropolitan Water District of Southern California is preparing to build four new battery energy storage systems that will boost the district’s energy resilience and cut operational costs by optimizing solar power and reducing peak load at its facilities. The agency’s board of directors Tuesday voted to authorize $2.2 million to design the battery systems […] Read more
Solar-led Renewables Sector Will Be A Top draw For Global Investors Updated On Sat, Oct 17th, 2020 by Saurenergy India’s renewable energy market led by solar energy will likely be one of the top five sectors for the country that will attract global investments, Deepak Bagla, chief executive officer of Invest India told a conference organised by the International Solar Alliance (ISA) on Friday. He said there was a high degree of innovation characterising […] Read more
Delhi CM Kejriwal Calls For Mass Movement for Solar, But Reality Stays Slow and Low Updated On Fri, Oct 16th, 2020 by Saurenergy When the Delhi government announced its first ever solar policy in 2015, the target was 1000 MW by 2020, and 2000 MW by 2025. Call it inexperience, lack of focus, or a rapidly changing policy environment, but the state is nowhere close to, or even on the path to, those ambitious numbers. The Delhi government […] Read more
Sterling and Wilson Wins Solar Plus Battery Storage Contract Updated On Fri, Oct 16th, 2020 by Saurenergy Sterling and Wilson has announced that its HES division has signed an EPC contract to construct a solar plus battery storage hybrid power plant in Niger. Sterling and Wilson, one of the leading engineering, procurement and construction (EPC) companies in India, has announced that its Hybrid & Energy Storage division (HES) has signed an EPC […] Read more
PM Modi’s Solar Vision Vindicated As IEA Dubs Solar “The New King Of Electricity” Updated On Wed, Oct 14th, 2020 by Saurenergy The International Energy Agency (IEA), has never been a huge fan of renewable energy. The Paris-based agency, formed after the first oil shock in 1973-74 had a a broad mandate on energy security and energy policy co-operation. Over the years, the agency remained focused on oil, even as it grudgingly broadened its own mandate to […] Read more